Type:Notice
Citation:86 FR 7858
Reading Time:about 5 minutes
The Department of Commerce has finalized the results of a review on the sale of certain polyethylene terephthalate (PET) film from the United Arab Emirates. The review found that Flex Middle East FZE sold these films in the United States at less than their normal value from November 1, 2018, to October 31, 2019. As a result, the department will impose antidumping duties on these products. Additionally, new cash deposit requirements will be established to ensure compliance with antidumping regulations.
Simple Explanation
The Department of Commerce decided that a company called Flex in the UAE sold some plastic film to the US for too low a price, so now they have to pay extra money called "antidumping duties" to make it fair.